In their Investor Day 2021 presentation, Credit Suisse executives said that they would exit prime brokerage as part of a drive to “Invest in capital-light Investment Banking & Capital Markets business.”
According to the Financial Times, “Credit Suisse will continue to offer prime broking in two areas, known as Index Access and Apac Delta One, but the bank does not see these as significant and is keeping them running only to offer services to ultra-rich clients in Asia.”